Join four of the leading names in the investment management business for the Connect4 Investment Forum.
Registration for Connect4 Investment Forum 2018 is now closed.
Running across the UK, this roadshow will provide you with a wealth of investment insight across a range of key educational topics including:
Equity
UK Equity – The good, the bad and the murky
Trade
World Trade Protectionism – Opportunity or Threat?
Global
It’s Global? – How can we invest?
Medical
Dissecting Fixed Interest, in the Emergency Ward or into Recovery?
Equity
UK Equity – The good, the bad and the murky
Trade
World Trade Protectionism – Opportunity or Threat?
Global
It’s Global? – How can we invest?
Medical
Dissecting Fixed Interest, in the Emergency Ward or into Recovery?
Venues – please look out for our next roadshow in Spring 2019
Presentations from the October/November 2018 Roadshow

UK Equity – The good, the bad and the murky

One of the biggest misconceptions about investing in small and mid-cap UK companies is that they’re domestic-facing, but this isn’t necessarily the case, they generate a significant proportion of revenues from overseas therefore reducing exposure to the uncertainties facing the UK. So, should investors remain sceptical?

Certainly, alarm bells have been ringing for investors and who can blame them with so much noise surrounding the current macroeconomic environment - Brexit negotiations, cabinet changes, subdued wage growth data to name a few.

But the good news is that Q2 and beyond has seen the UK equity market stage a strong recovery outperforming major asset classes, a lot of this is down to focusing on stellar UK companies rather than building portfolios on the macro scenario.

In this session we will review the current market landscape, dispel some of the misconceptions circulating and discuss the the broad UK equity universe looking at the vast range of opportunities and the importance of remaining diversified.

By the end of this presentation, attendees will be able to:

1

Understand the position and outlook of the UK economy

2

Learn the benefits of holding UK small- and mid-cap companies in today’s environment

3

Discover the opportunities from active management in an uncertain and changing world

Learning Outcomes

World Trade & Protectionism - Opportunity or Threat?

A key feature of the globalisation process in recent decades has been the growth in international trade. This has lowered prices and broadened the range of goods and services available to consumers, bolstering overall economic growth and improving general standards of living.

For many though, globalisation is associated with low wages, insecure employment, stateless corporations and striking inequalities. The recent rise in populism, as demonstrated by Brexit, Trump and growing political unrest in the EU has been attributed to this societal imbalance.

While trade liberalisation led to trade becoming an increasingly important part of the global economy, President Trump’s policy of “America First” increases the risks of trade wars developing, effectively turning back the clock on this important driver of global economic growth. This session will therefore look not only at the opportunity presented by global trade, but also the threat of protectionism, and what its potential impacts may be upon the global economy and asset markets.

By the end of this presentation, attendees will be able to:

1

Understand the scale of global trade and why it is important

2

Discuss what protectionism is and what drives it

3

Understand the impact of protectionism upon the global economy and asset markets

Learning Outcomes

It’s Global? – How can we invest?

The prices of markets seem to have reached all time highs. Some sectors have reached valuations which do not seem to have any relationship with the future earnings of the company or indeed the best company in the sector.

Globally central bankers are moving from quantitative easing to quantitative tightening. In the USA the Federal Reserve has felt assured enough to put up interest rates and signalled more interest rates for the foreseeable future. In Europe the ECB has indicated that they will be moving from negative interest rates to neutral interest rates.

This against the back drop of records levels of debt that corporations, individuals and sovereign governments have achieved at the lowest interest rates for 40 years.

Of course, we cannot avoid the spectre of various geopolitical risks, Brexit, Migration, Trade Wars, elected populists some of which are unprecedented.

With that backdrop we still have to make the right decisions for our investors. Picking the right style of fund management might help navigate this moment in time. Whether its looking at passive or index trackers, growth or value approaches what is the best approach?

By the end of this presentation, attendees will be able to:

1

Discuss the rising levels of corporate debt worldwide

2

Understand global cyclically adjusted price earnings contribute to spotting opportunities

3

Explain how a value approach to investing globally is achieved

Learning Outcomes

Dissecting Fixed Interest, in the Emergency Ward or into Recovery?

After years of good health and a fairly stress free time, Fixed Income finally appears to be getting palpitations and it’s looking like a perfect time for a health check! The turning point for Fixed Income, much talked about for years, finally appears to be with us. In this uncertain world we’ll try and diagnose the problems and provide a prognosis. Ultimately we’ll examine the threats and hope to find opportunities, assessing where fixed income should sit within your client solutions.

This investment focused session will examine the prospects for Fixed Income as an asset class. Specifically looking at credit and interest rate (duration risk) while also examining the traditionally important role of Fixed Income as a diversifying asset within an “investment solution”.

We’ll cover all areas of Fixed Income including the rise of passive investments in this key asset class. We’ll naturally try and keep you away from predators.

In summary we’ll provide a brief overview of M&G’s Fixed Income solutions.

By the end of this presentation, attendees will be able to:

1

Examine credit and interest rate risk across Fixed Income investing

2

Discuss the various asset types available with their correlation benefits and disadvantages discussed

3

Consider appropriate strategies for Fixed Income in this increasingly Global environment, with a particular focus on protecting clients long term investments

Learning Outcomes